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20121204
20121204
STATION
CNNW 5
CNBC 2
CSPAN 1
CSPAN2 1
MSNBCW 1
LANGUAGE
English 10
Search Results 0 to 9 of about 10 (some duplicates have been removed)
CNN
Dec 4, 2012 6:00am PST
in self defense. >>> republicans took the bait. they delivered a counter proposal to president obama's plan to avert the fiscal cliff. guess what, the white house rejected it, calling the gop proposal unbalanced and not serious. translation? no tax hikes on the wealthy so democrats said forget about it. we thought you should take a look. it totals $2.2 trillion in deficit reduction over ten years. the part that stood out to us was $600 billion in proposed savings in medicare reforms. how? in part by raising the age of eligibility to 65 to maybe 67. turning down the gop proposal, dan pfieffer said, quote, it provides no details on which deductions they would eliminate, which loopholes they will close or which medicare savings they would achieve." let's head now to the white house and dan lothian. the white house will not offer a counter proposal, right? what's going on here? >> reporter: well, you know, i think the white house is digging in. the president said early on in this process that he would only sit down and really move forward, negotiate on this in any meaningful way if the t
CNBC
Dec 3, 2012 7:00pm EST
, second amendment instead of blaming the sick people who use them. republicans have responded to a fiscal cliff counter offer to president obama. eamon javers joins us now from washington with all the details. good evening. >> reporter: good evening. leapt me walk you through the specifics or at least what specifics we have so far from this boehner counter offer and you can see where it falls short from the white house's perspective right in the top line take a look at the details here. boehner and the other house republicans are asking for $800 billion in new tax reform revenue. that's short of the $1.6 trillion that the president would like to see there. also health savings of $600 billion. mandatory savings of $300 billion. revisions of cpa of 200 billion. other discretionary saving 300 billion. they say net savings is $2.2 trillion all told. the white house says this plan is not balanced, and interestingly there's a little side skirmish here between the speaker of the house john boehner and erskine bowls. boehner said this was based on a report that bowles laid out. bawls said no. he
CNN
Dec 3, 2012 5:00pm PST
the public returned the republicans to the house, the democrats to the senate, and president obama to the white house. they want them to start solving problems. they are absolutely disgusted with this and if they go over this cliff, believe me, there's going to be a price to be paid and nobody's going to be a winner on it. >> yeah, but i do want to add, john, i do believe the president did get a partial mandate, at least the voters said the wealthy in this country ought to pay higher taxes. now, how you get to the higher tax, whether you raise rates, whether you reduce deductions, there are a lot of different ways to get there. the point is, i think everybody now agrees that -- not everybody agrees, but that we need more revenue and that the wealthy ought to be the first ones in line. and that seems to be reasonable, but i think the white house can get too stuck on this whole question of rates as opposed to finding a creative solution that brings in more money. >> david, i agree with you, but you do that through effective tax rates, not through marginal tax rates. that's how you br
CSPAN
Dec 4, 2012 12:00pm EST
, but as secretary geithner said over the weekend, as, i think, president obama conveyed in the interview today with bloomberg tv, he remains confident we can get this done. he remains optimistic that once republicans accept that there is no deal without an acknowledgement and acceptance that rates have to go up on higher end earners that, well, we can find a compromise here that resolves the fiscal cliff and takes a very important step towards the kind of broad balanced deficit reduction package that do enormous good to the economy. the kind of package i should not leave out with targeting investments so the economy continues to grow and create jobs. as i said on occasions, deficit reduction in and of itself is not a goal, but part of the plan that is focused on economic growth and job creation. president's very focused on that. jay? >> just a second ago, you referred to how the debt ceiling, taking it off the table, needs to be part of the deal. you referred to the economy, you called held hostage by the ideological team. you were aware of this, senator obama was against -- >> we addressed th
MSNBC
Dec 4, 2012 6:00am PST
counties to report votes on election night, too, 19,712 for obama. 19,349 for romney. >> so it overperformed -- or underperformed for the president? >> but uncanny accuracy in prediction. >> one thing i took away from the swing states versus the nonswing states which i think is something republicans ought to be aware, where the democrats can implement their get out the vote, this is, i believe -- even in losing elections they have overperformed in the swing states. bush in 2000 and 2004. >> this is proof that obama ran a better campaign in the states where the campaigns really mattered. but what's remarkable to me is that obama was able to get out his vote in such a concentration of places. democrats are really clustered at the presidential level. they can win some of the swing states by winning a very small -- >> 22% of counties total. >> the map is redder today. so if you look at that divide, we may be moving to a new normal where democrats and particularly nonwhite voters are sufficient in swing states, allow democrats to win statewide. >> and they're the presidential par
CNBC
Dec 4, 2012 9:00am EST
you. >> sticking with the cliff, governors are set to meet with president obama and congressional leaders. the meeting coming one day after the white house rejected a republican plan for averting the cliff. chi chief washington correspondent john harwood is outside of the white house this morning. how do business leaders change the equation? >> reporter: the president is trying to orchestrate a consensus behind his approach to deficit reduction. this is a group part of the national governors association executive committee. a diverse group. he carried three states he represents and governors include scott walker, leader of conservative government reform movement going after public employee pensions and shrink government obligations that way. governors are pragmatic. the president is trying to make the case if you look at polls and revenue needs of the government and ageing of our population, the pragmatic thing to do is trim entitlements. the significance of speaker boehner's offer yesterday he put specifics on entitlements on the table. they are significant raising the medicare e
CSPAN
Dec 4, 2012 10:00am EST
of house republicans as well. i will give you a chance to weigh in on what the center for american progress has put forward, but how would you bridge the divide between where boehner and obama is, on the specific issue of revenue and overhauling the tax code? >> taken. my job is to tell my clients what is going to happen, not what i would like to happen. i would like to take a close look at what is being proposed. with regard to taxes and deductions, what i am struck by is how rapidly the debate is moving away from bull's best said. polls-simpson said brown the base, lower the rates. we now have the president's proposing raising the rates and opposing a base-broadening measure. republicans want to keep the rate same and run the base, but that is different. bowles-simpson had it right. i look at the logic of the white house with regard to the idea of capping a itemized deductions. i would like to take a look at it from a cost-benefit point of view. we're looking at tax expenditures, and we should benefits inst of doing it. they're against it for two reasons, the first one was effected some t
Search Results 0 to 9 of about 10 (some duplicates have been removed)